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Showing results for Mondis Technoloy Ltd.
...News round-up Norway oil fund boss criticises ExxonMobil’s ‘aggressive’ climate lawsuit (FT) Packaging group Mondi approaches UK rival DS Smith for £10bn tie-up (FT) Petrobras plans $100bn in spending...
...Paper and forest products company Mondi has warned that full year profits will be below expectations, blaming cost pressures and adverse currency movements....
...” ● In brief: Mondi raised to “outperform” at Credit Suisse — Peel Hunt upgrades President Energy to “buy” — Headlam cut to “neutral” at Arden Partners — Frontline raised to “buy” at DNB Markets — Barclays...
...But Mondi’s European and international packaging paper division saw an 8 per cent decline to €361m....
...FTSE 100 paper-and-packaging company Mondi has confirmed that its Vienna office is being inspected by officials from the European Commission....
...Lumkile Mondi, senior lecturer at the University of Witwatersrand in Johannesburg, added: “We hope the damage done by KPMG and McKinsey in South Africa will influence stakeholders at both Munich Re and Barclays...
...Mondi shares have risen more than 50 per cent in the past year....
...Mr Oswald is also a Mondi veteran having joined the company in 1992....
...Packaging maker Mondi, which counts on emerging markets for about half its sales, slid 4.7 per cent to £15.17....
...Mondi looks to be in a sweet spot....
...“Demand for Mondi’s packaging products is linked to growth in industrial production.”...
...The shares trade on a forward earnings ratio of 15 times, in line with South Africa’s Mondi. Mr Robert’s well-evidenced ability to deliver should inspire faith. Hallelujah, praise the cardboard....
...Mondi, the paper and packaging company exposed to Russia, also moved up....
...Mondi shares, which have risen more than 75 per cent over the past 12 months, on Thursday increased 3.5 per cent to £10.20 in early trading....
...SABMiller was off 3 per cent to £28.89 and Mondi, the South Africa-based packaging maker, slid 4.4 per cent to 936p. Bank of Georgia led the mid-cap fallers, down 6 per cent to £22.14....
...As an EADS director, Sir John Parker, who has served on the board of several dual-listed companies including Mondi and Carnival, won’t comment on the preliminary stages of talks with BAE, but he says dual-listed...
...Mondi slipped 1.8 per cent to 670p after Credit Suisse downgraded the packaging maker to “neutral” on valuation grounds....
...A reassuring trading statement lifted paper maker Mondi by 5.6 per cent to 566p, while Telecity took on 4.2 per cent to 676p on a positive response to Monday’s results from the data warehouse operator....
...Packaging maker Mondi was up 6.2 per cent to 533p after industry peer SCA said it would raise prices....
...But based on Wednesday’s closing prices, Croda International , Mondi and Wood Group were the most likely to join the FTSE 100....
...- Corporate: Tullow Oil, Capital Shopping Centres, De La Rue, Lamprell, Allied Gold, Anglo Pacific, Centamin Egypt, Hunting, Mondi, Chariot Oil & Gas, GVC Holdings, Gulf Keystone Petroleum, GTL Resources...
...The complicated spin-off plan will involve shareholders in Mondi's South African quoted vehicle, Mondi Ltd, receiving shares in Mondi Group and the newly-listed MPSA....
...- Corporate: International Power, Rio Tinto, Centamin Egypt, Mondi, Synergy Health, Michael Page, JKX Oil & Gas, Gold Oil, Gulfsands Petroleum, Solo Oil, Pinewood Shepperton....
...Mondi was hived off from its owner and founder, the miner Anglo American, in mid-2007....
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